UK Media and Entertainment Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 8.50% (2024-2032)

The UK has a lively media and entertainment market. It keeps growing because of innovation, digital changes, and shifting consumer habits. According to the latest report by IMARC Group, the UK media and entertainment market size reached USD 128.04 billion in 2023. Looking forward, IMARC Group expects the market to reach USD 285.05 billion by 2032, exhibiting a growth rate (CAGR) of 8.50% during 2024-2032.

Download sample copy of the Report: https://www.imarcgroup.com/uk-media-entertainment-market/requestsample

UK Media and Entertainment Industry Trends and Drivers:

Significant transformation is being witnessed in the UK media and entertainment market. It mainly comes from fast tech changes and shifts in how consumers behave. One big change is how streaming services have changed how audiences watch content. Netflix, Amazon Prime Video, and Disney+ all grew a lot during the COVID-19 pandemic. The lockdown changed how people watched TV. Many switched from traditional TV to on-demand viewing. Linear TV viewership is dropping quickly among younger audiences. They now favor personalized, ad-free experiences. Also, the content from these platforms has sparked competition. This pressure pushed traditional broadcasters, such as the BBC and ITV, to launch their own streaming services. Now, we see options like BBC iPlayer and ITVX. It has led to improvements in content delivery. This includes AI-driven recommendations and 4K/8K streaming. This makes the user experience more exciting. This raises a question about market saturation and the sustainability of subscription models. As a result, some providers are exploring hybrid models with ad-supported tiers.

A major trend in the UK media and entertainment scene is the growing power of social media and user-generated content (UGC). TikTok, Instagram, and YouTube are now essential for discovering and enjoying entertainment. This is especially true for Gen Z and Millennials. They change how people consume content. They also create new ways for brands and creators to connect with audiences in a genuine way. Short-form video is changing the game. TikTok's rise is forcing traditional media to rethink its strategies. Many are now investing heavily in vertical video and bite-sized content. Social commerce is a growing trend. It combines e-commerce with entertainment. Users can buy products directly from videos and live streams on these platforms. Such new revenue avenues are created through the transgression of entertainment and retail. This occurs as people rely more on social media. Debates about misinformation, data privacy, and mental health grow. Some voices call for stricter rules and more accountability from tech companies.

The UK media and entertainment market forecast offers insights into future opportunities and challenges, drawing on historical data and predictive modeling.

UK Media and Entertainment Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

• Print Media
• Newspaper
• Magazines
• Billboard
• Banner, Leaflets and Flyers
• Others
• Digital Media
• Television
• Music and Radio
• Electronic Signage
• Mobile Advertising
• Podcasts
• Others
• Streaming Media
• OTT Streaming
• Live Streaming

Regional Insights: 

• London
• South East
• North West
• East of England
• South West
• Scotland
• West Midlands
• Yorkshire and The Humber
• East Midlands
• Others 

Competitive Landscape:

The competitive landscape of the industry has also been examined, along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: [email protected] 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145